What is automatic sourcing in SAP SRD-SRM-SC - SRM-Sourcing and Contracting?

SAP Term: automatic sourcing

• Component: SRD-SRM-SC

• Component Name: SRM-Sourcing and Contracting

• Description: An option selected by the buyer that enables the system to identify a supplier based on previous performance of that supplier. This enables a purchase request or multiple purchase requests to be automatically assigned to a purchase order.

Smart SAP Assistant

• Key Concepts: 
  Automatic sourcing is a feature of SAP SRM-Sourcing and Contracting that allows users to automatically source goods and services from the best supplier. This feature helps to reduce manual effort and time spent on sourcing activities, as well as ensuring that the best supplier is chosen for each purchase. 
  
  How to use it: 
  To use automatic sourcing, users must first create a sourcing template. This template will define the criteria for selecting the best supplier, such as price, quality, delivery time, etc. Once the template is created, users can then select the suppliers they wish to source from and the system will automatically select the best supplier based on the criteria defined in the template. 
  
  Tips & Tricks: 
  When creating a sourcing template, it is important to ensure that all relevant criteria are included. This will ensure that the best supplier is chosen for each purchase. Additionally, it is important to regularly review and update the sourcing template to ensure that it remains up-to-date with current market conditions. 
  
  Related Information: 
  For more information on automatic sourcing in SAP SRM-Sourcing and Contracting, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SRM_SOURCING_AND_CONTRACTING/7.5/en-US